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Side-by-side financial comparison of BANCFIRST CORP (BANF) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.

BANCFIRST CORP is the larger business by last-quarter revenue ($181.0M vs $101.1M, roughly 1.8× FORRESTER RESEARCH, INC.). BANCFIRST CORP runs the higher net margin — 32.9% vs -33.5%, a 66.4% gap on every dollar of revenue. On growth, BANCFIRST CORP posted the faster year-over-year revenue change (11.1% vs -6.5%). BANCFIRST CORP produced more free cash flow last quarter ($237.0M vs $-4.3M). Over the past eight quarters, BANCFIRST CORP's revenue compounded faster (9.5% CAGR vs 0.5%).

BancFirst Corporation is an Oklahoma-based financial services holding company. The company operates three subsidiary banks, BancFirst, an Oklahoma state-chartered bank; and Pegasus Bank and Worthington Bank, both Texas state-chartered banks.

Forrester Research, Inc. is a research and advisory firm working in research, consulting and events. Forrester’s clients include large global business, technology and consumer enterprises. The firm is headquartered in Cambridge, MA.

BANF vs FORR — Head-to-Head

Bigger by revenue
BANF
BANF
1.8× larger
BANF
$181.0M
$101.1M
FORR
Growing faster (revenue YoY)
BANF
BANF
+17.5% gap
BANF
11.1%
-6.5%
FORR
Higher net margin
BANF
BANF
66.4% more per $
BANF
32.9%
-33.5%
FORR
More free cash flow
BANF
BANF
$241.2M more FCF
BANF
$237.0M
$-4.3M
FORR
Faster 2-yr revenue CAGR
BANF
BANF
Annualised
BANF
9.5%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BANF
BANF
FORR
FORR
Revenue
$181.0M
$101.1M
Net Profit
$59.5M
$-33.9M
Gross Margin
56.7%
Operating Margin
41.6%
-36.6%
Net Margin
32.9%
-33.5%
Revenue YoY
11.1%
-6.5%
Net Profit YoY
5.3%
-7941.4%
EPS (diluted)
$1.75
$-1.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BANF
BANF
FORR
FORR
Q4 25
$181.0M
$101.1M
Q3 25
$175.5M
$94.3M
Q2 25
$169.3M
$111.7M
Q1 25
$164.8M
$89.9M
Q4 24
$162.9M
$108.0M
Q3 24
$163.7M
$102.5M
Q2 24
$153.8M
$121.8M
Q1 24
$151.0M
$100.1M
Net Profit
BANF
BANF
FORR
FORR
Q4 25
$59.5M
$-33.9M
Q3 25
$62.7M
$-2.1M
Q2 25
$62.3M
$3.9M
Q1 25
$56.1M
$-87.3M
Q4 24
$56.5M
$432.0K
Q3 24
$58.9M
$-5.8M
Q2 24
$50.6M
$6.3M
Q1 24
$50.3M
$-6.7M
Gross Margin
BANF
BANF
FORR
FORR
Q4 25
56.7%
Q3 25
60.0%
Q2 25
55.5%
Q1 25
55.9%
Q4 24
58.8%
Q3 24
60.5%
Q2 24
57.3%
Q1 24
54.9%
Operating Margin
BANF
BANF
FORR
FORR
Q4 25
41.6%
-36.6%
Q3 25
45.0%
4.7%
Q2 25
47.1%
6.2%
Q1 25
43.1%
-97.5%
Q4 24
44.2%
-0.5%
Q3 24
45.2%
-0.7%
Q2 24
42.4%
9.3%
Q1 24
42.5%
-9.3%
Net Margin
BANF
BANF
FORR
FORR
Q4 25
32.9%
-33.5%
Q3 25
35.7%
-2.3%
Q2 25
36.8%
3.5%
Q1 25
34.0%
-97.1%
Q4 24
34.7%
0.4%
Q3 24
36.0%
-5.7%
Q2 24
32.9%
5.2%
Q1 24
33.3%
-6.7%
EPS (diluted)
BANF
BANF
FORR
FORR
Q4 25
$1.75
$-1.75
Q3 25
$1.85
$-0.11
Q2 25
$1.85
$0.20
Q1 25
$1.66
$-4.62
Q4 24
$1.68
$0.02
Q3 24
$1.75
$-0.30
Q2 24
$1.51
$0.33
Q1 24
$1.50
$-0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BANF
BANF
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$63.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$126.5M
Total Assets
$14.8B
$404.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANF
BANF
FORR
FORR
Q4 25
$63.3M
Q3 25
$65.1M
Q2 25
$67.8M
Q1 25
$75.6M
Q4 24
$56.1M
Q3 24
$62.8M
Q2 24
$58.9M
Q1 24
$61.4M
Stockholders' Equity
BANF
BANF
FORR
FORR
Q4 25
$1.9B
$126.5M
Q3 25
$1.8B
$157.7M
Q2 25
$1.7B
$159.5M
Q1 25
$1.7B
$147.4M
Q4 24
$1.6B
$229.5M
Q3 24
$1.6B
$234.3M
Q2 24
$1.5B
$237.1M
Q1 24
$1.5B
$230.9M
Total Assets
BANF
BANF
FORR
FORR
Q4 25
$14.8B
$404.0M
Q3 25
$14.2B
$414.2M
Q2 25
$14.0B
$436.0M
Q1 25
$14.0B
$439.8M
Q4 24
$13.6B
$503.9M
Q3 24
$13.3B
$505.3M
Q2 24
$12.7B
$524.2M
Q1 24
$12.6B
$555.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BANF
BANF
FORR
FORR
Operating Cash FlowLast quarter
$285.3M
$-3.2M
Free Cash FlowOCF − Capex
$237.0M
$-4.3M
FCF MarginFCF / Revenue
130.9%
-4.2%
Capex IntensityCapex / Revenue
26.7%
1.1%
Cash ConversionOCF / Net Profit
4.79×
TTM Free Cash FlowTrailing 4 quarters
$430.7M
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANF
BANF
FORR
FORR
Q4 25
$285.3M
$-3.2M
Q3 25
$75.4M
$1.2M
Q2 25
$78.1M
$-3.6M
Q1 25
$77.0M
$26.7M
Q4 24
$261.2M
$-1.8M
Q3 24
$77.6M
$264.0K
Q2 24
$100.2M
$-2.9M
Q1 24
$66.3M
$611.0K
Free Cash Flow
BANF
BANF
FORR
FORR
Q4 25
$237.0M
$-4.3M
Q3 25
$63.7M
$524.0K
Q2 25
$64.4M
$-4.2M
Q1 25
$65.6M
$26.1M
Q4 24
$224.5M
$-2.5M
Q3 24
$72.4M
$-223.0K
Q2 24
$94.1M
$-3.7M
Q1 24
$56.1M
$-815.0K
FCF Margin
BANF
BANF
FORR
FORR
Q4 25
130.9%
-4.2%
Q3 25
36.3%
0.6%
Q2 25
38.0%
-3.8%
Q1 25
39.8%
29.0%
Q4 24
137.8%
-2.3%
Q3 24
44.2%
-0.2%
Q2 24
61.2%
-3.1%
Q1 24
37.1%
-0.8%
Capex Intensity
BANF
BANF
FORR
FORR
Q4 25
26.7%
1.1%
Q3 25
6.7%
0.7%
Q2 25
8.1%
0.5%
Q1 25
6.9%
0.7%
Q4 24
22.5%
0.6%
Q3 24
3.2%
0.5%
Q2 24
3.9%
0.7%
Q1 24
6.8%
1.4%
Cash Conversion
BANF
BANF
FORR
FORR
Q4 25
4.79×
Q3 25
1.20×
Q2 25
1.25×
-0.93×
Q1 25
1.37×
Q4 24
4.62×
-4.24×
Q3 24
1.32×
Q2 24
1.98×
-0.46×
Q1 24
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BANF
BANF

Segment breakdown not available.

FORR
FORR

Research Segment$82.2M81%
Consulting Segment$16.2M16%
Billable Expenses$1.5M2%
Professional Services$1.4M1%

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